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Search Results 0 to 15 of about 16 (some duplicates have been removed)
Jan 8, 2013 4:30pm PST
focus." >> susie: an update tonight on the cost of hurricane sandy. fitch ratings says the super storm has so far caused as much as $17 billion in reported losses. by the time the recovery is over, fitch expects sandy's cost to top $20 billion. new jersey is one of the states hit hardest, and, today, governor chris christie talked about the storm's toll on his state's economy. >> there's no question that sandy hit us hard. there's also no question that we're fighting back with everything we've got. sandy took a toll on new jersey's economy just when we were coming back from a national recession. sandy disrupted our economic life. cars weren't bought, homes weren't sold and factories couldn't produce. from those things, we can catch up, and we are catching up. make no mistake-- as common sense would tell you, sandy hurt new jersey's economy. >> susi: christ today pledged to devote the nal year of his first term in office to rebuilding and reinvigorating areas of the state devastated by hurricane sandy. >> tom: as the drama over the fiscal cliff played out in washington, car racing may h
Jan 3, 2013 4:30pm PST
to help victims of superstorm sandy. house speaker john boehner nixed the vote in the last hours of 2012, drawing a firestorm of criticism. it comes up in the house in two parts- the first tomorrow, and the other mid-january. >> the next act will begin a couple of months from now, probably in late february, early march, when we hit the debt ceiling and when the automatic spending cuts come into play again, and either have to be replaced with other spending cuts, or again, kicked down the road. >> reporter: these are the same issues that snarled congress in the summer of 2011, and again during the fiscal cliff debate. there's little hope for a better outcome this year. president obama has promised not to negotiate with the new congress on raisg the debt ceiling, but republicans are ready to use it to force major federal spending reforms and tame the national debt. right now, the u.s. owes $16 trillion, but some calculate our total liabilities much higher. and as congress jumps from small deal to small deal as they have been, analysts worry big problems are just getting bigger. >> $60 tril
Jan 4, 2013 4:30pm PST
late than never. 11 weeks after hurricane sandy hit the east coast, congress finally signs off on $9 billion in federal aid for storm victims. and the outlook for o.j. florida's orange juice industry has seen some good weather, but a citrus disease threatens to take juice prices higher. >> susie: that and more tonight on "n.b.r." >> tom: steady as she goes, that's the latest word on the s companies kept up a consistent pace of hiring last month. employers added 155,000 new jobs to their payrolls in december. that was slightly less than expected, but close to the amount added in november. the nation's unemployment rate also held sady at 7.8% and the job gains last month were spread throughout the economy. still, there is little optimism hiring will gain much momentum this year. suzanne pratt has the story. >> reporter: 153,000-- that's the average number of jobs the economy created every month of last year. while it's not an awful, it's not impressive, either. and, for the millions of americans still out of work, the job market remains downright depressing. >> 150,000, it's moderate,
Jan 4, 2013 7:00pm PST
for victims of super-storm sandy. lawmakers approved today $9.7- billion of disaster aid, after harsh criticism of house leaders for delaying the funding. ruben ramirez has details. >> reporter: the political wrangling was contentious over federal funds to aid home and business owners flooded by superstorm sandy. the final vote in the house: 354 to 67 with all 67 of the no votes coming from republicans. the money will go toward the national flood insurance program which is set to run out of money this monday. it will help the agency pay about 115,000 pending claims. a big complaint: the amount of time it took congress to act. it took just 12 days after hurricane ike and only ten days after hurricane katrina hit for federal aid to be approved. the remaining $51 billion states have requested will likely come up for a vote on january 15. here in new york more than 250,000 businesses were affected by the storm. some of those are here in the financial district on manhattan's southern tip, at least a dozen office towers are still closed and thousands of workers still displaced. ruben ramire
Jan 3, 2013 6:30pm PST
adecuada paa que se viera parecida a sandy o wook, muchos padres acompaÑaron a sus hijos al colegio. >> las leyes sobreel el porte armas se cumpla cabalmente. >> lo que preocupa a los padres son las huellas de estos niÑos e en la tragedia. >> cuando sientes que la gente e esta tirando cosas no le gusta el ruido, eso le quedo regist d registrado. >> la ayuda espiritu santoic si prioridad. >> para ellos esta tragedia c b cambio la manera de ver la vida. >> yo lo que aprendi es acerc acercarme un poqutito mas ,di u ,disfrutarlo un poquito mas y no pensar tanto en el trabajo. >> sin lugar a dudas fue una r jornada llenad de sentimient n encontrados, saben que son af afortunados de tener a sus hijos de con vida, ellos esperan que el tiempo borre estas heridas que d dejÓ esta tragedia, vanessa. >> muchisÍsimas gracias . >> en el salvador vendedores b ambulantes y choferes estÁn en p pie en contra el gobierno. >> agentes del orden se enfre a enfrentaron a un grupo de ven d vendedores ambulantes que se s resistian a abandonar sus pue puestos . >> la policÍa debio utilizar
Jan 7, 2013 4:30pm PST
expected to be very low. >> reporter: specifically, businesses felt after effects from hurricane sandy, and they were unwilling to spend with all the fiscal cliff uncertainty. on top of that, demand from europe as well as china was weak. but, here's the good news. a low earnings hurdle ultimately makes it's easier for companies to impress investors. and, s&p's sam stovall says they could get a little help from lower expenses. >> the things that might end up acting as tailwinds i think could be a near 8% decline in the cost of oil and also the reduction in the commodity costs. >> reporter: digging into the q4 numbers, six out of 10 sectors are expected to post a gain in profits, with financials and consumer discretionary stocks topping the list. on the other hand, the industrials sector has the weakest anticipated growth. still, anticipation of an anemic earnings season has yet to trouble the stock market. don't forget the s&p 500 hit a five-year high on friday. >> i think all of this has to do with anticipation. that things are expected to get better. that there is a muted v-shaped rec
Search Results 0 to 15 of about 16 (some duplicates have been removed)